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20121002
20121010
Search Results 0 to 7 of about 8 (some duplicates have been removed)
jerry brown is taking action all in an effort to drive down some of the costs. cbs 5 reporter cate caugiran reports on the governor's idea to ease record high prices. >> reporter: good morning. the governor is asking state regulators to release a less expensive blend but experts say even with that move we won't see prices drop right away. this winter blend comes out on november 1. it will bring up gas supplies 8 to 10% and might drop gas prices 15 to 20 cents a gallon. but it could take a week before we see any changes. according to aaa, prices today are at record highs. in san francisco, you're paying $4.73 for a gallon of regular. and in san jose and oakland it's $4.67. our state supplies were cut short after richmond's chevron refinery fire in august and last week a power failure knocked out an exxon refinery in southern california. >> we had a number of disruptions happen at the same time. california always runs a very tight supply-demand because because we use a different blend of gas than the rest of the country so if anything goes wrong, we can't get more gas from other part
high gas prices, governor jerry brown and senator dianne feinstein are stepping in to get prices down and relief for businesses and drivers. >> rick of berkeley is filling up in orinda and size the price of gas at the chevron station came as a shock from what he paid a few days ago. >> about four cents, gone up 50 cents so a little on the shocking side. reporter: the price of gasoline has gone up more than 50 crepts in many bay area cities. some california gas prices are now more than a dollar above the national average. the price hike has been blamed on refinery problems in the state. today governor brown stepped in and asked refineries to switch to a winter blend of gas, and that would relief businesses and consumers. >> if it's right, that would have major impact on the price of gasoline. increasing our supply by 8 or 10% be plenty to bring down california prices to the normal relationship to the rest of the country. >> some drivers figure they have no choice but to pay the high prices. >> we live in a state that is very resticktive. costs more to build here, do business here,
illegal immigration back on the front burner. governor jerry brown signed a law allowing young people brought into this country as children to get driver's license. but our cbs 5 reporter tells us there is a catch. len? >> reporter: dana, backers of this bill have been saying for years that it would make california roads a lot safer because suddenly hundreds of thousands of people, some of whom may already be driving without licenses, would be able to drive legally and get insurance. getting a driver's license is part of the road map to success in california. >> you can't get around here without having a license. >> reporter: and that's the reason behind a bill that governor brown just signed into law. it will allow about 350,000 young illegal immigrants who came across the border as children to obtain a california driver's license for the first time. >> it clarifies a lot of fear in the community. >> reporter: something immigrants rights groups have been fighting for for years. >> it solidifies the fact that you're going to have these students who are not only be able to work but als
, ktvu news. >>> governor jerry brown directed the resource board to increase the state's gas supply in an effort to try to bring prices down. he told the panel, the switch to winter gas. typically that type of gas is not sold until after october 31st. it's better for air quality during the smog season. >>> preparing to take legal action. the big network accused shooter george zimmerman is about to sue claiming defamation of character. >>> big box retailers are not usually welcomed with open arms in san francisco but this week a large retailer is set to open to much fanfare. >>> lots of sunshine across most of the bay area this weekend but the weather pattern will soon be changing. coming up how much cooling you could expect and when showers can be expected. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> this week the house economy is expected to hear from libya. the hou
differently. the topic of pension reform has been in jerry brown's crosshairs ever since he returned to sacramento last year taking on the role of california's fiscal guardian. >> these pension reforms will go a long way toward making our pension system more sustainable and more fair. >> reporter: brown's solutions all revolve around cutting the state's expenses like capping annual pay outs at 132,000 a year and requiring employees to contribute more to their pensions. that's well and good but let's recap where a pension fund gets its money from. there are three primary sources. you have the employee contributions, you have government contributions and you have investment returns, which the governor himself puts at about 75% of the total fund. >> in the past decade, the returns have been pretty poor. >> reporter: mike is director of research for california common sense. it's a nonprofit group devoted to transparency in government. he explains that the state's two largest pensions have enjoyed relative success in the long run hitting their investment marks over 20 years but not recent
governor jerry brown is trying to help by ordering state smog regulators to allow winter blend to be sold in california earlier than usual to bring down prices. winter blend gas isn't typically sold until october 31st. he hopes by selling it now it would increase supplies by bringing down prices. the high prices are changing driving habits. >> i try not to drive unless i really have to. >> i'm grateful and i only use the bike when necessary. >> reporter: the dramatic surge in prices came after a southern california refinery went down a week ago. it came back online friday. analysts say they expect prices to stabilize in the coming days. now this might make you feel a little better this morning. a gas station in long beach has the priciest gas at $6.66 a gallon. it could be worse. >>> it may be a sign of the times, roseville police are investigating the theft of nearly 1,000 gallons of gas from a shell station. stations manager says security cameras caught the thief stealing gas on three different occasions. police say a man in a pickup truck somehow disabled the meter and pumped gas into
-- california broke another record. gas prices rose to $4.64 a gallon. governor jerry brown is hoping the latest move will help bring prices down. he ordered state smog regulators to allow winter blend gasoline to be sold earlier than usual. delivery drivers get reimbursed by the mile but not for fuel so the high prices are cutting into their pay. >> when the gas is really high, it's hard to hire people. >> reporter: analysts say gas prices could hit as high as $4.85 a gallon before coming back down. one station in long beach has the highest price in the state at $6.65 a gallon. to give you an idea how high the prices are. you would pay a little more than $178 for gas. i found a round trip plane attribute for about $25 less. reporting live in the newsroom matt keller. >>> well go big or go home. ktvu channel 2 reporter allie rasmus is live in half-moon bay where pumpkin growers are competing in a big weighoff. they're trying to set a new world record this year. allie how are they doing? >> reporter: the stage is set for the weighoff that will begin in a half hour from now. we see organizers come
Search Results 0 to 7 of about 8 (some duplicates have been removed)